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Which one of the following defines IRR for a project? a. Discount rate that creates a zero cash flow from assets. b. Discount rate which

Which one of the following defines IRR for a project?

a. Discount rate that creates a zero cash flow from assets.

b. Discount rate which results in a zero net present value for the project.

c. Discount rate which results in a net present value equal to the project's initial cost.

d. The project's current market rate of return.

e. Rate of return required by the project's investors

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